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Actually it's even worse. The funds are subject to income tax, either when invested (Roth) or when withdrawn (conventional IRA/401k). Add to that-those funds come from the ownership of the corporations held by the mutual funds (or other agents). The income from those corporations is already taxed via corporate income taxes.
Our tax code is structured to penalize individuals that try to take responsibility for their own futures, to invest in companies, that create jobs. Yet it rewards those that contribute little or nothing.
All those taxes help keep the middle class out of the upper class.
Ok, this is getting really tiring. Look, most of the pre-K and above aged population will agree that:
$6,839 < $11,000 (the numbers rjshae posted above)
I am not going to bother, but just imagine that in my future answers I keep posting the above, lol.
P.S. You might also want to look up what exactly is covered by the basic and what by the supplemental insurance, but my feel is, it is not going to help you.
If it's supposedly so much cheaper, why doesn't Canada pay for it? Why does 75% of the Canadian population have to buy or earn supplemental private health insurance to pay for what Canadian national health care doesn't cover?
A teacher and a fireman in a household is consider by liberals to be rich and therefore needs to pay more.
How much does the teacher and fireman pay in premiums, deductibles and co-pays right now, including what the employer "pays"?
Where is the proof that a more progressive system based on ability to pay (taxes) will lead to the typical household paying more than now for health care?
How much does the teacher and fireman pay in premiums, deductibles and co-pays right now, including what the employer "pays"?
Where is the proof that a more progressive system based on ability to pay (taxes) will lead to the typical household paying more than now for health care?
Do you assume everyone gets sick to the tune of thousands of dollars out of pocket each year ?
Most people are quite healthy and only fork out premiums.
Do you assume everyone gets sick to the tune of thousands of dollars out of pocket each year ?
Most people are quite healthy and only fork out premiums.
The premiums "only" are thousands of dollars.
Remember to count employer's contributions if any as well.
Remember to count employer's contributions if any as well.
Premiums over the course of a year are usually over $1000 for any type of insurance..car, home, health, life.
What do you expect $20 a month premium ?
You think this medicare for all is the answer ?
Wasn't Obamacare the answer back in 2009 ? And look how that turned out.
We already see what government provided/subsidized insurance looks like and it ain't pretty.
Premiums over the course of a year are usually over $1000 for any type of insurance..car, home, health, life.
What do you expect $20 a month premium ?
You think this medicare for all is the answer ?
Wasn't Obamacare the answer back in 2009 ? And look how that turned out.
We already see what government provided/subsidized insurance looks like and it ain't pretty.
What now?
My total family premiums (4 people, 2 employer contributions) are 18k+ a year.
My total family premiums (4 people, 2 employer contributions) are 18k+ a year.
Wouldnt it be nice to have a free market system that resulted in lower prices, and that wouldn't require a third party to pay them? The money paid in premiums could then be set aside for future use, invested, or used to improve your present standard of living. Sounds terrible huh?
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IMO all you will see is some small changes to Obamacare. After what happened a few years ago you think the Democrats have any stomach for what Harris would like to do? Unless she could take executive action and implement it (I don't think she can) then her proposal is nothing more than campaign talk.
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